KEYWORDS: analytics, Asia Pacific, assets under management, audit, AUM, chief risk officer, compliance requirements, counterparty risk, European Commission, Eurozone, global financial crisis, Hedge Fund IT, Institutional Investors, investment risk, market risk, reporting risk, reputational risk, risk analytics, risk management, risk manager, Survey, United Kingdom
The Economist Intelligence Unit
The financial crisis has changed how — and how much — institutional investors are focused on risk. A new report commissioned by State Street, “Closing the Communication Gap: How Institutional Investors are Building Risk-Aware Cultures,” discusses the actions they are taking and how they are performing. The report reveals findings of a study, conducted by the Economist Intelligence Unit, of 297 executive board members, C-level executives and senior-level employees from institutional investors across the globe.
The report explores the risk functions within these institutions, effectiveness of risk-related communications and how risk issues are being represented in key decision making. It also reveals how risk functions can improve and how those with strong frameworks and integration within the business produce better investment outcomes.